This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

Topic: Paypal or check?  (Read 2060 times)

cateyes1

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4400 (since 2009)
  • Thanked: 138x
Paypal or check?
« on: December 23, 2018, 11:01:20 am »
How to you get your money? I don't want a 1099 so how do I prevent that?

countrygirl12

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 9754 (since 2012)
  • Thanked: 383x
Re: Paypal or check?
« Reply #1 on: December 23, 2018, 11:08:47 am »
How to you get your money? I don't want a 1099 so how do I prevent that?

You don't. If you make over $600 you will get a 1099 and there is nothing you can do about it. It doesn't matter how you are paid. No matter the form you are still being paid.  If you do not want to pay taxes then make sure you earn under $600.

ktheodos

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4462 (since 2008)
  • Thanked: 54x
Re: Paypal or check?
« Reply #2 on: December 23, 2018, 12:01:40 pm »
PayPal is the easiest for me....

NRAJOE

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2196 (since 2016)
  • Thanked: 175x
Re: Paypal or check?
« Reply #3 on: December 23, 2018, 12:42:44 pm »
I do Paypal on here but there are two sites that only pay by check that I use (unless you want to sign up with some off the wall pay place or direct deposit which I refuse to do...way to much info that I want to give to a survey site)

It doesn't matter how you get paid...go over $600 you get 1099'd.... :bad:

judylucas

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1186 (since 2015)
  • Thanked: 26x
Re: Paypal or check?
« Reply #4 on: December 23, 2018, 03:31:45 pm »
I use PayPal

dwggs

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2686 (since 2009)
  • Thanked: 63x
Re: Paypal or check?
« Reply #5 on: December 24, 2018, 04:28:01 am »
I use paypal which works out well cuz some of the sites I shop at will take paypal when you go to check out.  Also if I need to transfer money into my bank account from paypal it only takes a few business days.
*Image Removed*

gaylasue

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 5250 (since 2011)
  • Thanked: 138x
Re: Paypal or check?
« Reply #6 on: December 24, 2018, 05:34:05 am »
I like the direct deposit.  It doesn't matter how you get your money, a 1099 is issued for all amounts over $600.
Have a wonderful day!

bshee58

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3021 (since 2017)
  • Thanked: 75x
Re: Paypal or check?
« Reply #7 on: December 24, 2018, 06:05:53 am »
I don't make enough to use a tax form.

sdenimandlace1

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3668 (since 2010)
  • Thanked: 52x
Re: Paypal or check?
« Reply #8 on: December 24, 2018, 06:50:01 am »
I do a check, no way not to get the tax form.

adriarobi

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1690 (since 2015)
  • Thanked: 53x
Re: Paypal or check?
« Reply #9 on: December 24, 2018, 07:08:04 am »
I do PP.

It transfers quickly to Pay Pal, then transfers quickly to your bank account.

Easy Peasy.

 :rose:

countrygirl12

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 9754 (since 2012)
  • Thanked: 383x
Re: Paypal or check?
« Reply #10 on: December 24, 2018, 01:01:33 pm »
I do a check, no way not to get the tax form.

If you make less than $600 you will not get a 1099. It does not matter HOW you are paid.  They only send a 1099 if you make over $600 and with the cash out that will put you over they will request the info for the 1099 and hold your funds until you provide it.  As long as you stay under the 1099 they will not send you a "tax form" as you are calling it.  It doesn't matter HOW you are paid they know how much money goes to each person.  And if the IRS audits FC they will see exactly WHO ALL got HOW MUCH.

vickysue

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4920 (since 2011)
  • Thanked: 135x
Re: Paypal or check?
« Reply #11 on: December 24, 2018, 02:14:06 pm »
I use PayPal.  Mice to have it there if I need it, which I don't  very often. Sometimes I will transfer  some to my bank account , although  what I have transferred I keep it to the back and  only use it if I have to, So far I haven't had to use it. But nice to know I have more in the bank then what shows. Another reason is if someone is looking over  my shoulder when I am writing a check the amount they  see is not the true amount. Keeps some people  honest maybe.

freedomjarhead2512

    US flag
    View Profile
  • Sr. Member
  • ****
  • Posts: 317 (since 2018)
  • Thanked: 23x
Re: Paypal or check?
« Reply #12 on: December 24, 2018, 03:47:55 pm »
Don't you get tax write-offs if you run a business?  IF so, wouldn't that cancel it out.  Not sure on this anyone?

timvolley

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3230 (since 2008)
  • Thanked: 42x
Re: Paypal or check?
« Reply #13 on: December 24, 2018, 09:43:20 pm »
paypal is much quicker than a xhedck

surveygrabber

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2766 (since 2012)
  • Thanked: 71x
Re: Paypal or check?
« Reply #14 on: December 25, 2018, 03:01:42 am »
I use paypal to get paid. It's the easiest and fastest way for me.

  • Print
 

Related Topics

  Subject / Started by Replies Last post
1 Replies
1400 Views
Last post January 30, 2008, 09:14:36 pm
by jazzy3098
17 Replies
2164 Views
Last post July 10, 2011, 09:22:33 pm
by xdrummermommyx
48 Replies
4789 Views
Last post December 14, 2011, 11:09:47 am
by diala84
18 Replies
1842 Views
Last post May 21, 2012, 04:15:31 pm
by bilal410526
154 Replies
10790 Views
Last post June 29, 2015, 09:03:37 pm
by al2508